I'm considering a HELOC this year and have a question for the bankers out there.
I've been pre-qualified by NFCU and WFargo for a HELOC a few months ago and didn't pull the trigger. I'm pretty ready and need to know if I can apply for the HELOC under my own credit? Our mortgage is under my and DW name, but her credit is marginal - mid 600's. It would probably take me a year to get her's restored and is on the agenda to tackle.
Thoughts? Thanks, BNT
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